Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Ethiopia - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Ethiopia (CIF) - 2022
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Ethiopia
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Ethiopia (CIF) - 2022
In 2022, the average import price for fertilizers, mineral or chemical amounted to $1,934 per ton, with an increase of 52% against the previous year. Over the period under review, the import price, however, showed a abrupt decline. The growth pace was the most rapid in 2013 an increase of 56%. As a result, import price reached the peak level of $6,931 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($8,144 per ton), while the price for Belgium ($511 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Ethiopia
In 2022, overseas purchases of fertilizers, mineral or chemical decreased by -16.3% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 127% against the previous year. As a result, imports reached the peak of 1.3K tons, and then fell markedly in the following year.
In value terms, imports of fertilizers, mineral or chemical soared to $2.1M in 2022. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 72%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.2 | 315 | 634 | 727 | 746.2% |
| Israel | N/A | 250 | 549 | 681 | 65.0% |
| Spain | N/A | 84.8 | 92.3 | 182 | 46.5% |
| Netherlands | 2.3 | 82.1 | 75.4 | 160 | 311.3% |
| India | 0.5 | 52.3 | 185 | 157 | 579.7% |
| Greece | N/A | 43.2 | N/A | 60.0 | 17.9% |
| Belgium | 2.8 | 100 | N/A | 31.4 | 123.8% |
| Egypt | 574 | N/A | N/A | N/A | 0% |
| Others | N/A | 14.2 | 81.0 | 53.3 | 93.7% |
| Total | 581 | 942 | 1,617 | 2,051 | 52.3% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Ethiopia in 2022:
- China (377.8 tons)
- Israel (296.8 tons)
- India (213.9 tons)
- Belgium (61.5 tons)
- Netherlands (32.9 tons)
- Spain (28.7 tons)
- Greece (20.8 tons)
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